Dominican government submits supplementary budget to boost capital spending and economic growth

DOMINICAN REPUBLIC - In Brief 20 Aug 2025 by Magdalena Lizardo
The Dominican Government has submitted a supplementary budget bill to Congress that increases capital expenditure by 0.4% of GDP, thereby raising the overall deficit to 3.47% of GDP, up from the 2.99% originally approved in the 2025 budget. According to the Ministry of Finance and Economy, the measure is designed as a countercyclical fiscal policy to mitigate global economic pressures and sustain domestic growth through higher public investment. The increase in the deficit will be financed mainly with surpluses from previous budgetary exercises, thereby avoiding additional pressures on public debt. The Ministry also emphasized that the project "adheres to the Fiscal Rule established in Law 35-24 on Fiscal Responsibility, ensuring that expenditure expansion is carried out in a balanced manner, without compromising the sustainability of public finances or macroeconomic stability". https://d34dkm9pj0t7...

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